<< Mitteilung

2019-10-17 17:48

Casino Group: Q3 2019 Sales

Q3 2019 SALES

 

 

Group net sales up +2.4%1 on an organic basis and +1.5%1 on a same-store basis

Net sales in France up +0.2%1 on a same-store basis (up +0.4%1 excluding Vindémia)

Strong growth in Brazil (up +10.3%2 on an organic basis)

Launch in August of a new €2bn asset disposal plan

In France, the group continued to develop commercial innovations in physical banners, while accelerating in digital and e-commerce and in new B2B activities, which constitute its complementary growth drivers

  • Strong growth in the buoyant categories of organic (+8.2%) and catering (+8,8%), whose development has widened at Monoprix in line with the model already proven at Franprix;
  • At Franprix and Géant, extension of the model of partnerships and physical marketplaces with leading names in specialised retail (Hema, Ikea, Maty, Piery, Colombus Café…) contributing to the expansion of the in-store offer and of customer loyalty;
  • Continued profitable franchise development, with the opening of 27 premium and convenience stores ;
  • Technological innovation: 240 autonomous stores, with solutions deployed across all banners with a favourable impact on traffic;
  • Digital solutions: launch of a new subscription-based loyalty program on CasinoMax and award for digital acceleration in retail won by the internal start-up MaxIt;
  • Growth of +16.3% in food e-commerce, driven by the partnership strengthening with Amazon (including the addition of Naturalia to Prime Now);
  • Success of new B2B activities: Greenyellow's international expansion and acquisition of new customers in France, including Maisons du Monde; in data and advertising, +52% increase in revenue over 9 months and new partnership with Orange;
  • Sale of 2 hypermarkets as part of the Rocade plan, bringing the total sold to date to 17;
  • Cdiscount continues its virtuous momentum of profitable growth with gross merchandise volume (“GMV”) up +9.0%3 on an organic basis driven by the marketplace (39.4% of GMV), and services including travels which more than doubled its GMV compared to Q2. Expansion of activities in Europe with the creation of an international alliance of Marketplaces.

Disposal plans: The Group completed the sale of store real estate to Apollo for €327m. In August, the Group announced a new €2bn asset disposal plan to be carried out by Q1 2021 hence increasing focus on buoyant formats. In addition, the Group takes note of the good progress in the sale process of its subsidiary Vindemia, GBH having announced today that it has initiated the pre-notification procedure with the Competition Authority.

Cost savings plan in France: actions plans are progressing at the expected rate in line with the annual target of €130m.

The Group therefore confirms all its objectives in France.

In Latin America, the Group continued to see a good performance in Brazil (up +10.3%2 on an organic basis), with good growth of Cash&Carry, refurbished supermarkets and proximity; In Colombia, sequential acceleration of growth with the success of new formats.


 

Change in net sales4

NET SALES (in €m)

Q3 2019

Total net sales

growth

Organic net sales

growth1

Same-store sales

growth1

Same-store sales

growth1 over 2 years

France Retail

4,591

-5.0%

-3.0%

+0.2%

+2.1%

Cdiscount

461

+1.9%

-0.3%

-0.3%

-3.4%

Total France

5,052

-4.4%

-2.7%

+0.2%

+1.6%

Latam Retail

4,002

+11.0%

+9.6%

+3.0%

+8.6%

TOTAL GROUP

9,053

+1.8%

+2.4%

+1.5%

+4.8%

 

 

 

In third-quarter 2019, the currency effect was a positive +0.8% and the fuel effect came to +0.1%. Changes in scope of consolidation had a negative impact of -1.2%, mainly due to the disposal of loss-making stores in France (the Rocade plan). The calendar effect was -0.2%.

France Retail

 

 

 

Q2 2019/Q2 2018 change

 

Q3 2019/Q3 2018 change

 

NET SALES

BY BANNER

Q2
2019

Total growth

Organic growth5

Same-store growth1

Same-store growth1 over 2 years

Q3
2019

Total growth

Organic growth1

Same-store growth1

Same-store growth1 over 2 years

Monoprix

1,143

+1.3%

+0.5%

+0.2%

+1.6%

1,054

+0.5%

+0.1%

+0.3%

+1.7%

Supermarkets

790

-1.8%

-1.1%

+1.2%

+2.7%

853

-2.9%

-2.7%

+0.4%

+2.1%

o/w SM Casino6

746

-2.1%

-1.3%

+1.4%

+2.8%

793

-3.0%

-2.7%

+0.6%

+2.1%

Franprix

399

-4.1%

-2.2%

+0.1%

+1.4%

359

-5.7%

-3.4%

-0.3%

+2.4%

Convenience
& Other
7

595

+0.3%

+0.5%

+1.7%

+2.4%

623

-6.6%

-2.9%

-0.9%

+2.6%

o/w Convenience8

325

+2.1%

+3.4%

+2.5%

+2.7%

385

-1.1%

-1.0%

+0.7%

+3.9%

Hypermarkets

1,164

-0.9%

+2.2%

+1.4%

+3.9%

1,175

-6.5%

-0.1%

+0.7%

+2.5%

o/w Géant2

1,112

-0.5%

+3.0%

+1.6%

+4.4%

1,113

-6.5%

+0.4%

+1.1%

+3.9%

 o/w food

741

-4.0%

-4.1%

+0.5%

+4.8%

737

-10.2%

n.a.

+2.1%

+6.7%

 o/w non-food

104

+5.0%

+4.9%

+5.3%

-0.2%

143

-3.9%

n.a.

-6.7%

-10.7%

Leader Price

551

-14.1%

-13.7%

-1.6%

+0.6%

528

-12.3%

-14.4%

-1.1%

+0.8%

FRANCE RETAIL

4,643

-2.4%

-1.8%

+0.7%

+2.5%

4,591

-5.0%

-3.0%

+0.2%

+2.1%

 

Sales were up +0.2% year-on-year on a same-store basis (up +0.4% excluding Vindémia) and up +2.1% over two years, reflecting a strong third quarter in 2018. The total growth figures for hypermarkets, supermarkets and Leader Price were impacted by the Rocade plan. The Group continued to grow rapidly in buoyant segments, with food e-commerce net sales up +16.3% over the quarter, led by the extension of the partnership with Amazon, and increases of +8,8% in the catering segment and +8.2% in organic products.

The Group strengthened the portfolio of digital solutions to support increased customer traffic. The innovative subscription-based Casino Max Extra loyalty programme9 launched in June 2019 has been highly successful, with more than 110,000 members already signed up in September. The Group plans to pursue the model’s development by doubling the total number of subscribers by the end of the year. Following the extension of the partnership with Amazon which was signed in April 2019, 371 lockers have already been installed by the Group in its stores and more than 12,000 parcels have been picked up from there. In addition, the range of Casino and Monoprix products distributed by Amazon has been extended, with the opening of the Naturalia shop in August.

The roll-out of autonomous stores continued during the quarter, with extended opening hours introduced across all banners. The Group now has a total of 240 autonomous stores and plans to accelerate the roll-out in the fourth quarter.

 

  • Net sales at Monoprix were up +0.3% on a same-store basis and +0.1% organically. The organic, service counters and catering product categories drove performance in the food segment. The e‑commerce segment was particularly strong, with sales up +30.1%, notably thanks to the partnership with Amazon and the Monoprix.fr website. During the quarter, the banner notably opened 5 Naturalia stores and 2 points of sale abroad, in Tunisia and Qatar. It also continued to roll out autonomous stores, for a total of 59 at end‑September.
     
  • At Franprix, sales were virtually stable on a same-store basis and up +2.4% over two years, considering a particularly strong summer in 2018. The banner continued to make progress in buoyant segments, particularly in the catering category, up +34.5% over the quarter, and whose contribution to net sales increased by 1.4pts versus Q2 2019. Franprix continued to evolve, thanks to Darwin 2019 – its latest pilot store/innovation lab, which has already delivered very promising results – and has significantly enhanced its offering through fast food, bulk goods, organic products and product innovations. The banner has also expanded its non-food offering by forging partnerships with various retailers such as: Cdiscount, with products available in around 100 Franprix stores; Hema, with 15 corners rolled out to date and a total of around 50 by the end of the year; and Le Drugstore Parisien, whose products are already to be found in 30 Franprix stores. The banner has continued to extend its store opening hours and now has 57 autonomous stores.
     
  • At Casino Supermarkets, sales for the quarter were up +0.6% on a same-store basis and up +2.1% over two years. Buoyant segments continued to perform very well, with growth of +12.4% for organic products and +12.5% in e-commerce. Another 15 autonomous stores were rolled out during the quarter, bringing the banner’s total to 96. In addition, the Scan & Go service is now available in more than 100 Casino Supermarkets.
     
  • Géant Hypermarkets posted +1.1% same-store growth. Same-store growth over two years came to +3.9%. Sales continued to be driven by the food segment (up +2.1%), in particular by organic products (up +7.3%). The banner continued to roll out Sunday openings and inaugurated its first autonomous hypermarket. The e-commerce segment performed well, with growth of +10.6%. The banner accelerated its shop-in-shop strategy, with the addition of beauty corners (Le Drugstore Parisien), coffee shops (Colombus Café), multimedia and household equipment (Cdiscount), jewellery (Maty and Piery) and optic. New unilateral purchase agreements have been signed for the sale of 2 Géant Casino hypermarkets to Systeme U valued at €57m. In 2018, these stores generated pre-tax sales of around €64m and a loss in trading profit of around -€2.5m.
     
  • The Convenience format generated same-store growth of +0.7% versus a high-performing Q3 2018 (+3.2%). The banner continued to improve the product mix, with an increase in the private-label share in integrated stores of +2.6pts, led by a greater density of private-label offering and an +11.2% rise in net sales of organic products. The convenience network has joined the other networks in rolling out autonomous stores, with 11 openings during the quarter and plans to accelerate this trend by the end of the year. The innovative and fully automated “Casino Pause Déj” concept, focusing exclusively on snacking and catering, was also inaugurated in Paris.
     
  • The Leader Price network has been streamlined over the past 12 months, with the closure of 121 stores. The roll-out of autonomous stores was initiated in the network, with 16 new stores offering extended opening hours. The LP Max app has now been deployed across the network and its users already represent 6.3% of the banner’s net sales.

 

GreenYellow

GreenYellow pursued its growth strategy based on international expansion and the development of new clients. In the photovoltaic segment, it has strengthened its positions in Latin America and Africa, notably thanks to the launch of a solar power plant linked to storage batteries system at the Nouakchott airport in Mauritania. It has also acquired new customers in France for energy performance contracts of which Maisons du Monde (228,000‑square-metre logistics warehouse). Lastly, the Reservoir Sun joint venture launched with Engie in October 2018 enjoys very high visibility in the solar market and, in less than one year, has become a reference in self-consumption for businesses and regional bodies. At end-September, GreenYellow’s pipeline represented more than 350MWp with an objective of 450MWp by the end of the year.

 

Data & Data Center

The data and advertising business with 3W-relevanC continued to accelerate sharply with YTD net sales totalling €40m10, up +52% from 2018. This enabled 3W-relevanC to strengthen its position among France’s Top 10 online advertising companies11. 3W-relevanC and Orange Advertising recently joined forces to launch an innovative solution for measuring the impact of televised campaigns on in-store sales, using data from a sample of consumers who subscribe to Orange and shop in Casino Group stores.

ScaleMax has pushed ahead with its development plan with now two CAC 40 companies among its clients. Its installed capacity doubled during the quarter to represent more than 20,000 cores.

 


 

Cdiscount12

Cdiscount generated gross merchandise volume (GMV) of €940m during the quarter, an organic increase of +9.0%13 driven by ongoing marketplace expansion, monetisation revenues related to B2C services and the Cdiscount corners.

The marketplace contribution continued to grow rapidly to represent 39.4%14 of GMV, up +3.2pts versus last year. The associated Fulfilment service followed the same trend with +78% growth in GMV, and now represents one-third of marketplace GMV, up +14pts versus last year.

Monetisation revenues increased by +33%, primarily thanks to B2C services, notably Cdiscount Voyages, Cdiscount Energie and financial services.

The banner has significantly expanded its Cdiscount à Volonté product offering, to more than 1.1 million items. The number of subscribers exceeds 2 million, up +19% compared with last year.

Cdiscount accelerated to achieve a new dimension in Europe by taking part in the creation of a European marketplace alliance, the International Marketplace Network (IMN), with three leaders in Europe – eMag (Romania), ePrice (Italy) and Real (Germany). The alliance will serve a market of more than 230 million customers.

 

 

Key figures

Q3 2018

Q3 2019

Reported

growth1

Organic growth2

GMV total including tax3

872

940

+7.9%

+9.0%

o/w direct sales

493

485

-1.5%

 

o/w marketplace sales

277

310

+11.9%

 

Marketplace contribution15 (%)

36.3%

39.4%

+3.2pts

Net sales (in €m)

503

522

+3.8%

+5.1%

 

 

 

 

Traffic (millions of visits)

227

245

+8.1%

Mobile traffic contribution (%)

65.1%

73.1%

+8.0pts

Active customers (in millions)

8.8

9.2

+5.0%

 

Cnova provided a detailed report on its Q3 net sales on 11 October 2019.


 

Latam Retail

Sales at the Group’s businesses in Latin America (Éxito Group and GPA Food) rose by +3.0% on a same-store basis and +9.6% on an organic basis this quarter. Consolidated net sales benefited from a favourable currency effect of +2.1%.

 

Ÿ  GPA Food posted sales growth of +10.3%16 on an organic basis, despite a 2.4 pts decrease in food inflation compared to the first half 2019.

             

-          Assaí continued to deliver very strong organic growth this quarter, at +18.4%1, thanks to the opening of 19 stores over the last 12 months and constantly increasing customer traffic. The banner once again improved its market share, by +200bps17. Same-store growth came to +3.0%1, reflecting the high basis of comparison following five years of average growth above +10%.

This quarter, Assaí opened 5 stores and plans to open more than 10 additional in the fourth quarter, bringing the total number of openings close to 20 over a year. In line with its expansion strategy, 6 stores are under construction for a planned opening in 2020.

-          Multivarejo reported good performances by its renovated Pão de Açúcar stores and by stores converted to the Mercado Extra and Compre Bem formats. Sales were impacted by challenging economic environment, the high basis of comparison in Q3 2018 (+6.0%1 growth on a same-store basis) and a declining inflation. The Extra Hypermarkets banner was affected this quarter by an unfavourable basis of comparison in Q3 2018 (+7.4%1 same-store growth), despite a recovery in non-food sales. The Proximity formats posted double-digit growth for the fifth consecutive quarter, actually accelerating this quarter with sales growing +17.5%1 led by increased volumes and traffic. Multivarejo continued to promote its private label, whose penetration rate increased by +110bps during the quarter to 12.7%1.

The Group continued to implement its digital transformation strategy and recorded growth of more than +30%1 in its e-commerce business. Express and click & collect delivery formats are now available in 107 and 113 stores respectively and the growth generated by these services has doubled compared with last year. The James Delivery service, which is now available in 35 stores located in 12 cities, already represents 50% of online orders.

2 Pão de Açúcar were renovated this quarter and 20 additional stores will be renovated by the end of the year, bringing the total number of renovated stores to nearly 50 and the banner's share of turnover to around 40%.

39 supermarkets were converted to Mercado Extra this quarter. In the fourth quarter, 20 stores will be transformed into Mercado Extra and 15 into Compre Bem. These formats will represent approximately 70% of the banner’s network. 1 Minuto Pão de Açúcar opened this quarter and 9 currently under construction will open in the 4th quarter.

 

                     

                     

                     

                     

                     

Ÿ  Éxito Group (excluding GPA Food) recorded a further acceleration in sales growth in Colombia.

             

      GPA published detailed Q3 net sales on 16 October 2019.

      Éxito Group will provide a detailed report on its results on 14 November 2019.

***

Appendices

 

Main changes in consolidation scope

      ·Impact of the Rocade plan to dispose of loss-making stores under the Géant Hypermarkets, Casino Supermarkets and Leader Price banners.

       

Exchange rate

AVERAGE EXCHANGE RATES

Q3 2018

Q3 2019

Currency effect

Brazil (EUR/BRL)

4.5974

4.4080

+4.3%

Colombia (EUR/COP) (x 1000)

3.4409

3.7133

-7.3%

Uruguay (EUR/UYP)

36.9326

39.8042

-7.2%

Argentina18 (EUR/ARS)

37.1183

55.9430

-33.6%

 

Implementation of IAS 29

 

IAS 29, which relates to the accounting treatment of hyperinflation in Argentina, was applied for the accounts closing process at 30 September 2019 (Latam Retail). To permit meaningful comparisons between the 2019 and 2018 data, the net sales figures for Argentina over the first three trimesters have been restated in line with IAS 29. 

 

Changes in operating KPIs for France over the first 9 months 2019

 

 

Q3  2018 (YTD)

Q3 2019 (YTD)

Change

Annual target

2021

1. Mix

  

 

 

Net sales of organic products

€643m

€697m

+8.3%

€1.5bn

2. E-commerce

  

 

 

E-commerce (share of total)19

14%

16%

+167 bps

30%

E-commerce gross food sales under banner20

€227m

€264m

+16.3%

€1bn

Cdiscount GMV

€2,485m

€2,691m

+10.3%21

€5bn

3. Digitalisation

  

 

 

Scan & Go deployment22

0%

50%

n.a.

100% (end-2019)

 


 

Gross sales under banner – France

TOTAL ESTIMATED GROSS FOOD SALES

 

 

UNDER BANNER (in €m, excluding fuel)

Q3 2019

Change

(excl. calendar effects)

Monoprix

1,076

-1.3%

Franprix

417

-3.0%

Supermarkets

782

-5.3%

Hypermarkets

876

-1.4%

Convenience & Other

727

-6.4%

    o/w Convenience

474

-1.3%

Leader Price

645

-11.0%

TOTAL FOOD

4,523

-4.3%

 

 

 

 

TOTAL ESTIMATED GROSS NON-FOOD SALES

 

 

UNDER BANNER (in €m, excluding fuel)

Q3 2019

Change

(excl. calendar effects)

Hypermarkets

147

-9.9%

Cdiscount

707

+8.5%

TOTAL NON-FOOD

854

+4.8%

 

 

 

 

TOTAL GROSS SALES UNDER BANNER

 

 

(in €m, excluding fuel)

Q3 2019

Change

(excl. calendar effects)

TOTAL FRANCE AND CDISCOUNT

5,377

-3.0%

 


 

Store network at period-end

 

FRANCE

 

31 Dec 2018

31 March 2019

30 June

2019

30 Sep

 2019

Géant Casino Hypermarkets

 

122

122

113

110

     o/w French franchised affiliates

 

7

7

6

6

               International affiliates

 

5

5

5

5

Casino Supermarkets

 

442

439

420

421

     o/w French affiliates

 

104

104

92

91

              International affiliates

 

19

20

20

21

Monoprix

 

795

765

771

778

     o/w franchised affiliates

 

203

174

178

180

Naturalia

 

175

177

179

181

Naturalia franchises

 

13

14

16

19

Franprix

 

894

892

888

881

     o/w franchised

 

433

435

443

448

Leader Price

 

726

689

665

657

      o/w franchised

 

394

342

330

325

Convenience

 

5,153

5,139

5,142

5,142

Other businesses (Cafeterias, Drive, etc.)

 

591

579

395

394

Indian Ocean

 

239

243

246

254

TOTAL France

 

8,962

8,868

8,640

8,637

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTERNATIONAL

 

31 Dec 2018

31 March 2019

30 June

2019

30 Sep

2019

ARGENTINA

 

27

26

24

25

Libertad Hypermarkets

 

15

15

15

15

Mini Libertad and Petit Libertad mini-supermarkets

 

12

11

9

10

URUGUAY

 

89

91

91

91

Géant Hypermarkets

 

2

2

2

2

Disco Supermarkets

 

29

29

29

29

Devoto Supermarkets

 

24

24

24

24

Devoto Express mini-supermarkets

 

34

36

36

36

BRAZIL

 

1,057

1,059

1,059

1,054

Extra Hypermarkets

 

112

112

112

112

Pão de Açúcar Supermarkets

 

186

186

185

185

Extra Supermarkets

 

173

173

171

161

Compre Bem

 

13

13

13

13

Assaí (cash & carry)

 

144

145

148

153

Mini Mercado Extra & Minuto Pão de Açúcar mini-supermarkets

 

235

235

235

236

Drugstores

 

123

124

124

123

+ Service stations

 

71

71

71

71

COLOMBIA

 

1,973

1,959

2,000

1,980

Éxito Hypermarkets

 

92

92

92

92

Éxito and Carulla Supermarkets

 

161

161

158

158

Super Inter Supermarkets

 

73

70

70

70

Surtimax (discount)

 

1,531

1,520

1,561

1,537

o/w “Aliados”

 

1,419

1,419

1,469

1,445

B2B

 

18

20

25

30

Éxito Express and Carulla Express mini-supermarkets

 

98

96

94

93

CAMEROON

 

1

1

1

1

Cash & carry

 

1

1

1

1

TOTAL International

 

3,147

3,136

3,175

3,151

 

 

 

 

 

 

ANALYST AND INVESTOR CONTACTS

Régine Gaggioli – +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr

or

+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr

 

 

PRESS CONTACTS

 

Casino Group – Communications Department

Stéphanie Abadie – sabadie@groupe-casino.fr – +33 (0)6 26 27 37 05

or

+33 (0)1 53 65 24 78 – directiondelacommunication@groupe-casino.fr

 

Agence IMAGE 7

Karine Allouis – +33 (0)1 53 70 74 84 – kallouis@image7.fr

Grégoire Lucas – gregoire.lucas@image7.fr

 

 

 

Disclaimer

 

This press release was prepared solely for information purposes, and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Recipients should not consider it as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.

 

 





1 Excluding fuel and calendar effects (gross sales under banner excluding calendar effects). Net sales and total / organic growth are impacted by the Rocade plan



2 Organic growth published by GPA



3 Unaudited data published by Cnova. The organic changes include showroom sales and services but exclude technical goods and home category sales made in the Casino Group’s hypermarkets and supermarkets, and 1001Pneus and Stootie (acquired in Q4 2018). Revenue was impacted by the transfer of part of direct sales to the marketplace



4  The 2019 financial statements reflect the limited retrospective application of IAS 29 (see appendices)



5 Excluding fuel and calendar effects



6 Excluding Codim stores in Corsica: 8 supermarkets and 4 hypermarkets



7 Other: mainly Vindémia and Cafeterias



8 Convenience stores excluding Leader Price Express. Net sales on a same-store basis include the same-store performance of franchised stores.



9 Subscribers to the Casino Max à Volonté programme receive an immediate 10% discount on all purchases, for a monthly subscription payment of €10.



10 Including intragroup revenues



11 Source: Syndicat des Régies Internet (SRI) – August 2019



12 Unaudited data published by Cnova NV. The reported figures present all revenues generated by Cdiscount, including its technical goods sales in the Casino Group’s hypermarkets and supermarkets



13 The organic changes include showroom sales and services but exclude technical goods and home category sales made in the Casino Group’s hypermarkets and supermarkets, and 1001Pneus and Stootie (acquired in Q4 2018)



14 Gross merchandise volume (GMV) includes sales of merchandise, other revenues and the marketplace’s sales volume based on confirmed and shipped orders, including tax, and the sales volume of services



15 The marketplace’s contribution to GMV has been adjusted to take into account discount coupons and guarantees and exclude CDAV subscription fees. Consequently, the contribution to GMV in third-quarter 2018 has been adjusted by +0.3pts for purposes of comparison.



16 Data published by the subsidiary. Comparable growth rates of Hypermarkets and Proximity banners (Multivarejo) correspond to gross sales growth



17 July 2019 market share



18 Pursuant to the application of IAS 29, the exchange rate used to convert the Argentina figures corresponds to the rate at the reporting date



19 Online sales under the banners and Cdiscount’s GMV



20 E-commerce food sales = France e-commerce excluding Cdiscount



21 On an organic basis



22 Hypermarkets and Supermarkets



Attachment

Indizes

LU0916829079 649.54 (+1.30%)

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HellaGmbHKGaa (EUR) 48.26 47.96 +0.63%
ImmoLux-Airport (EUR) 7.75 7.75 +0.00%
Luxempart (EUR) 54.0 54.0 +0.00%
RTLGroup (EUR) 43.76 43.76 +0.00%
ReinetInvest (EUR) 16.1 16.5 -2.42%
SEO .prvB (EUR) 228.0 240.0 -5.00%
SEO 1/5prvB (EUR) 46.8 49.4 -5.26%
SES FDR (EUR) 14.745 14.075 +4.76%
SocFinCaoutchcs (EUR) 26.4 25.8 +2.33%
Socfinaf (EUR) 11.2 11.2 +0.00%
Socfinasia (EUR) 13.9 13.8 +0.72%
Vonovia (EUR) 46.87 47.01 -0.30%
Anleihe Kurs Letz. +/-
AXA 5,25% 16/04/2040 (EUR) 102.113 102.129 -0.02%
AirbusFinan 2,375% 02/04/2024 (EUR) 109.693 109.69 +0.00%
Astaldi 7,125% 01/12/2020 (EUR) 18.864 19.121 -1.34%
BASF 2,5% 22/01/2024 (EUR) 110.098 110.092 +0.01%
BNGBank 4,375% 16/02/2021 (USD) 103.13 103.133 -0.00%
BarclaysBank 4,75% pp (EUR) 98.995 99.019 -0.02%
Bayer 1,875% 25/01/2021 (EUR) 101.905 101.93 -0.02%
Bayer 2,375% 02/04/2075 (EUR) 101.47 101.515 -0.04%
Bekaert 5% 06/12/2019 (EUR) 100.232 100.252 -0.02%
BenOldmanESB 10% 23/10/2021 (EUR) 102.0 102.0 +0.00%
Bombardier 6,125% 15/05/2021 (EUR) 104.105 104.105 +0.00%
Bouygues 3,625% 16/01/2023 (EUR) 112.19 112.192 -0.00%
CasinoGuichardP FRN pp (EUR) 38.034 38.266 -0.61%
CmaCgm 7,75% 15/01/2021 Reg S (EUR) 90.839 90.426 +0.46%
Colombia 8,375% 15/02/2027 (USD) 123.3 123.0 +0.24%
Daimler 2% 25/06/2021 (EUR) 103.313 103.34 -0.03%
DeutscheBank 2% 02/12/2019 (USD) 96.78 96.75 +0.03%
DeutscheBank 2,2% 17/11/2020 (USD) 98.62 98.6 +0.02%
DtscheLufthansa 5,125% 12/08/2075 (EUR) 105.66 105.675 -0.01%
EFSF 1,875% 23/05/2023 (EUR) 108.07 108.09 -0.02%
EFSF 2,25% 05/09/2022 (EUR) 107.69 107.71 -0.02%
ENI 1,75% 18/01/2024 (EUR) 107.205 107.25 -0.04%
GazCapital 8,625% 28/04/2034 (USD) 144.952 144.685 +0.18%
GiePsaTresor 6% 19/09/2033 (EUR) 146.805 147.015 -0.14%
HeidelbergFinLu 7,5% 03/04/2020 (EUR) 102.85 102.875 -0.02%
HornbachBau 3,875% 15/02/2020 (EUR) 100.915 100.934 -0.02%
KfWA 2% 02/05/2025 (USD) 101.333 101.53 -0.19%
Lafarge 4,75% 23/03/2020 (EUR) 101.662 101.64 +0.02%
Luxembourg 2,125% 10/07/2023 (EUR) 109.732 109.705 +0.02%
Luxembourg 2,25% 19/03/2028 (EUR) 120.688 120.603 +0.07%
Luxembourg 2,25% 21/03/2022 (EUR) 106.83 106.85 -0.02%
Luxembourg 2,75% 20/08/2043 (EUR) 143.669 141.305 +1.67%
Luxembourg 3,375% 18/05/2020 (EUR) 101.93 101.94 -0.01%
MOBY 7,75% 15/02/2023 Reg S (EUR) 35.281 35.328 -0.13%
McDonalds 2% 01/06/2023 (EUR) 107.427 107.429 -0.00%
MüchenerRückGes 6% 26/05/2041 (EUR) 108.989 109.011 -0.02%
NBFinanceLtd FRN 07/02/2035 (EUR) 93.02 93.426 -0.43%
NordRheinWFalen 2,375% 16/09/2021 (USD) 101.047 101.041 +0.01%
NovoBanco 100 09/04/2052 (EUR) 23.093 23.123 -0.13%
NovoBanco 3,5% 02/01/2043 (EUR) 98.404 98.398 +0.01%
OMV 6,25% pp (EUR) 127.43 127.475 -0.04%
Pemex 6,5% 02/06/2041 (USD) 97.476 97.594 -0.12%
PetroVenezuela 12,75% 17/02/2022 (USD) 28.7 27.0 +6.30%
PetroVenezuela 5,375% 12/04/2027 (USD) 13.933 13.933 +0.00%
PetroVenezuela 5,5% 12/04/2037 (USD) 13.93 13.93 +0.00%
Philippines 4,2% 21/01/2024 (USD) 107.802 107.797 +0.00%
Portugal 5,125% 15/10/2024 (USD) 113.221 113.192 +0.03%
RWE 3,5% 21/04/2075 (EUR) 109.86 109.905 -0.04%
RWE 6,625% 30/07/2075 (USD) 113.673 113.722 -0.04%
RaiffeisenBkInt 6% 16/10/2023 (EUR) 120.566 120.666 -0.08%
RussianFed 7,5% 31/03/2030 (USD) 120.594 120.558 +0.03%
SNCFMobilites 4,875% 12/06/2023 (EUR) 118.703 118.706 -0.00%
Sanofi 1,75% 10/09/2026 (EUR) 111.549 111.97 -0.38%
StadaArzneimitt 1,75% 08/04/2022 (EUR) 102.344 102.365 -0.02%
SüdzuckIntlFin FRN pp (EUR) 79.531 79.435 +0.12%
TelecomItaliaCa 7,2% 18/07/2036 (USD) 117.08 116.835 +0.21%
TelecomItaliaFi 7,75% 24/01/2033 (EUR) 146.82 147.341 -0.35%
Thyssenkrupp 2,5% 25/02/2025 (EUR) 103.26 103.135 +0.12%
Turkey 7,375% 05/02/2025 (USD) 108.919 108.542 +0.35%
VWIntlFin 4,625% pp (EUR) 112.01 111.935 +0.07%
VWIntlFin 5,125% pp (EUR) 112.755 112.73 +0.02%
Venezuela 11,75% 21/10/2026 (USD) 17.457 19.685 -11.32%
VeoliaEnvironn 6,125% 25/11/2033 (EUR) 171.487 171.295 +0.11%
YPF 8,5% 28/07/2025 Reg S (USD) 79.608 78.585 +1.30%
ØRSTED A/S 6,25% 26/06/3013 (EUR) 117.82 117.82 +0.00%